Mutual Funds Sahi Hai!
To avail the service, you will be redirected to loans.geojitcredits.com
State Bank of India rose for a fifth straight session today. The stock is quoting at Rs 830.5, up 0.01% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 0.26% on the day, quoting at 25046.15. The Sensex is at 81856.19, up 0.26%. State Bank of India has added around 0.76% in last one month.
Meanwhile, Nifty Bank index of which State Bank of India is a constituent, has added around 2.25% in last one month and is currently quoting at 55865.15, down 0.35% on the day. The volume in the stock stood at 20.01 lakh shares today, compared to the daily average of 91.69 lakh shares in last one month.
The benchmark August futures contract for the stock is quoting at Rs 831.1, up 0.01% on the day. State Bank of India is up 1.83% in last one year as compared to a 1.11% gain in NIFTY and a 9.83% gain in the Nifty Bank index.
The PE of the stock is 10.5 based on TTM earnings ending June 25.
In the cash market, the Nifty 50 index added 221.75 points or 0.91% to 24,585.05.
The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, jumped 1.53% to 12.22.
PG Electroplast, State Bank of India (SBI) and Tata Motors were the top-traded individual stock futures contracts in the F&O segment of the NSE.
The August 2025 F&O contracts will expire on 28 August 2025.
The bank’s net interest margin (NIM) for the whole bank stood at 2.90% in Q1 FY26, down 10 basis points sequentially and 32 basis points YoY. Domestic NIM came in at 3.02%, down 13 bps QoQ and 33 bps YoY.
Non-interest income surged 55.4% YoY to Rs 17,346 crore but declined 28.35% from the March quarter. Operating income rose 11.73% YoY to Rs 58,418 crore, though it slipped 12.79% QoQ.
Operating profit grew 15.49% YoY to Rs 30,544 crore but fell 2.37% sequentially. Provisions rose to Rs 11,384 crore, up 20.93% YoY but down 9.96% QoQ.
Whole bank deposits grew by 11.66% YoY. CASA deposit grew by 8.05% YoY. CASA ratio stood at 39.36% as on June 2025 compared with 39.97% in March 2025 and 40.70% in June 2024.
Cost-to-income ratio improved to 47.71% from 53.29% in Q4 FY25 and 49.42% a year ago. Cost to assets stood at 1.66%, down from 2.15% in the preceding quarter and 1.67% in the same quarter last year.
SBI’s asset quality remained largely stable in Q1 FY26, with gross non-performing assets (GNPA) at 1.83%, marginally higher than 1.82% in Q4 FY25 but lower than 2.21% in Q1 FY25. Net NPA was steady at 0.47%, unchanged sequentially and down from 0.57% a year earlier.
Provision coverage ratio (PCR) with Advances Under Collection Accounts (AUCA) stood at 91.71% versus 92.08% in the preceding quarter and 91.76% a year ago, while PCR without AUCA was at 74.49% compared to 74.42% in Q4 FY25 and 74.41% in Q1 FY25.
Slippage ratio rose to 0.75% from 0.42% in Q4 FY25 but was lower than 0.84% in Q1 FY25. Credit cost came in at 0.47%, up from 0.39% sequentially, but almost flat compared to 0.48% in Q1 FY25.
Following the result, the SBI stock rose 0.17% to Rs 806.65 on the BSE.